By David Koenig, The Associated Press Frontier Airlines is betting that the budding recovery in leisure travel is for real. Shares of the discount carrier were expected to begin public trading Thursday. The Denver-based airline and its private owners hope to raise $570 million before costs from the IPO after pricing 30 million shares at […]
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Posted inNews
Secretive Palantir, which recently relocated to Denver, lifts veil before Wall Street stock sale
By Frank Bajack, The Associated Press BOSTON — Palantir Technologies Inc., a data-mining company with deep ties to U.S. intelligence and military agencies, has shed a good deal of its trademark secrecy about its business in filing for a Wall Street stock offering. Like many other tech companies, it will be going public without ever […]
Posted inBusiness, News, Politics and Government
Colorado’s top securities regulator was hired in 19 days. Board members push for investigation of the quick pick.
Nineteen days after Gerald “Jerry” Rome told his boss in November that he planned to retire as Colorado’s Securities Commissioner, Chris Myklebust accepted the job as Rome’s replacement. Myklebust had already served as the state’s bank commissioner and the state’s commissioner of financial services. But the sudden hire raised eyebrows, especially those of securities board […]
Posted inBusiness, News, Outdoors
Slower growth in Epic Pass revenue, wider than expected first-quarter losses trigger steep drop in Vail Resorts stock
The rise of a competitor to Vail Resorts’ industry-transforming Epic Pass this year has slowed the growth in season-pass revenue for the continent’s largest resort operator, which on Friday announced a big boost in capital spending as yet another volley of a blossoming pass war. The market apparently did not like the decline in pass […]